Investment22 Nov 2024, 08:05 pm
Insolation Energy's Subsidiary Signs MoU for Rs. 10,000 Crores Investment in Solar Power Generation
AI Summary
Insolation Green Energy Private Limited, a Wholly owned subsidiary of Insolation Energy Limited, has signed a Memorandum of Understanding (MoU) at the Rising Rajasthan Global Investment Summit 2024. The MoU is for an investment of Rs. 10,000 Crores in Solar Power Generation (IPP), Components Manufacturing, EPC Projects, and Parks in Rajasthan by 2030. The agreement is with the Government of Rajasthan.
Key Highlights
- Insolation Green Energy Private Limited signs MoU for Rs. 10,000 Crores investment in Solar Power Generation
- The investment will be used for Solar Power Generation (IPP), Components Manufacturing, EPC Projects, and Parks in Rajasthan
- The agreement is with the Government of Rajasthan
- The investment is expected to be completed by 2030
- This is a significant step towards renewable energy for Insolation Energy Limited